Stock Market & Financial Investment News

Russian official says no plans to close McDonald's, Reuters says The Russian Deputy Prime Minister Arkady Dvorkovich was quoted as saying that there are no plans to close the McDonald's chain in the country, says Reuters. Reference Link

Executives' Club of Chicago to hold a breakfast meetingMaria Green, SVP, General Counsel and Secretary, at Illinois Tool Works, Julia Howe, U.S. Franchising & former General Counsel at McDonald's China participate in a a Breakfast Discussion entitled, "Understanding Top Legal Challenges for Today’s Executive" is being held in Chicago on March 3 at 8:15 am.

McDonald's under pressure to raise hourly pay as Wal-Mart sets bar, Reuters saysAccording to labor experts McDonald's (MCD) and its franchisees may be under pressure to raise hourly wages as the improved economic landscape increases competition for good workers and as retailer Wal-Mart (WMT) raises its hourly pay, says Reuters. Reference Link